Sometimes, the perception of trusts is one of overreaching. “Managing from the grave,” for example, is a term with a negative connotation, implying that someone wishes to exert control indefinitely. In reality, though, the intention is to help set up the next generation for success. ...
Setting up a living trustmay be one of the best ways to prepare for your future, and the future of your loved ones. There are several other reasons to set up a trust, including the following: Caring for minor children – Trusts can specify when the child will have access to the assets...
Working with our clients from the start, we help to establish trusts, while also advising on restructuring and varying trusts. We can help to simplify complex trust structures, and advise trustees as to the proper exercise of their duties and powers. If needed we help to manage family tru...
Gift Cards If you're thinking of giving someone a gift card, know that there are pros and cons involved. Erica SandbergDec. 24, 2024 11 Places You Can Find Unclaimed Money Don't overlook former bank accounts and retirement accounts for unclaimed funds. ...
Organizing family philanthropy: mobilizing resources and setting up governance for impactdoi:10.1093/tandt/ttad037Based on their research and experience, the authors find that "best practice" philanthropists adopt a pragmatic and rigorous approach to organizing their philanthropy. That is, they tend to...
UK TRUST SET UP & TRUSTEE SERVICES Families have been setting up a trust to preserve and manage their wealth for centuries. Unlike corporate vehicles, the lack of rigid formal requirements for the creation and operation of trusts, and the tremendous flexibility of trust instruments, make them uni...
Why choose Hong Kong to set up a family office? Hong Kong is an attractive destination for establishing a family office, offering strategic access to Asia’s dynamic markets, especially Mainland China and the broader Asia-Pacific region. As a global wealth hub, Hong Kong ranks among the top ...
the skill sets required by a successful family office - legal, investment, wealth management, tax, corporate governance, relevant skilled succession planning - are available in Jersey with the main trusts legislation being the Trusts Law which is backed by case law within the Island's court ...
Setting up a single family office in Singapore | Empowering families on their wealth planning journey 6 Introduction Planning for succession in a family business is one of the most difficult and uncomfortable things to get started on. This is especially so in Asia where it is ...
While recent events have put a temporary halt on global mobility, as the pandemic dissipates it seems likely that there will be increasing interest